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Filing ITR Here’s why you should also declare exempt income

If you always thought disclosing your exempt income in your ITR is not crucial, youu2019re mistaken. Hereu2019s why you should always declare it!

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Filing ITR Here’s why you should also declare exempt income

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  1. Filing ITR Here’s Why You Should Also Declare Exempt Income

  2. Introduction • Non-taxable Earning Is Called As Exempt Income • Do You Keep Your Exempt Income Hidden? • If Yes, We’ll Tell You Why You Should Discontinue Doing It

  3. To Bring About Transparency • The Income Tax Act, 1961 Mandates Disclosure Of All Sources Of Income, Both Taxable And Non-taxable • When You Show Your Non-taxable Income, You Are Being Transparent

  4. To Complete The Process Of ITR Filing • Every Source Of Income Must Be Mentioned In Your ITR • Otherwise, Your ITR Is Always Incomplete And Invalid

  5. To Prove Your Honesty And Loyalty • Make Sure Your Tax Report Includes Every Income • Undisclosed Earnings May Raise A Question Against Your Intention

  6. Final Words • ITR Is A Crucial Document With Numerous Benefits. One Of Them Is Easy Loan Approval • You Should Always File The Return Even If Your Income Falls Below The Tax Bracket

  7. Thank You !Would Love to Hear From You Hero FinCorp Limited 09, BasantLok, Vasant Vihar, New Delhi - 110057 Tel. 18001024145 Email Id: Corporate.Care@HeroFinCorp.com Website: https://www.herofincorp.com/ Know more- Filing ITR Here’s why you should also declare exempt income

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